December 2014
Saudi Arabia Faces $38 Billion Budget Deficit
Saudi Arabia has announced a budget deficit of $38.6 billion for 2015, attributed to falling oil prices. The government plans to maintain spending despite the…
Head of the National Inspection Organization Says Most Administrative Violations in Iran Occur in the Banking System. How Do You Evaluate the Activities of Banks in Iran?
The head of Iran's National Inspection Organization highlighted that most administrative violations occur in the banking sector, prompting a public evaluation of banks' activities. The…
Oil Prices Decline Again
Oil prices have dropped again, reaching levels not seen in five years, attributed to market conditions and increased U.S. shale production. OPEC's Secretary-General has indicated…
Global Oil Prices Plummet by Five Percent, Approaching $60
Global oil prices have dropped significantly, with Brent crude falling to $63.56, attributed to increased U.S. shale production and reduced demand. Saudi Arabia's oil minister…
Oil Prices Drop by Four Percent to Lowest Level in Five Years
Oil prices have dropped significantly, reaching their lowest levels in five years, with predictions of further declines. Key players like Morgan Stanley and OPEC countries…